Issad Rebrab

Issad Rebrab was bornon 27 May 1944 in Algiers, Algeria, Algeria. Issad Rebrab is #552 in List Billionaires People In The World. Issad Rebrab is the founder and CEO of Cevital, Algeria's biggest privately-held company.
Cevital owns one of the largest sugar refineries in the world, with the capacity to produce 2 million tons a year.
Cevital has been buying European companies in distress, such as Groupe Brandt, a French maker of home appliances, and an Italian steel mill.
Rebrab has plans to build a steel mill in Brazil to produce train tracks and improve transportation logistics for sugar, corn and soy flour exports.
His five children work at Cevital.

NET WORTH STATISTIC

2014

$3.2 Billion

2015

$3.1 Billion

2016

$3.1 Billion

2017

$3.1 Billion

2018

$4.08 Billion

We [Algerians] have great potential; we can make up for lost time.

Issad Rebrab

TIMELINE

2016

In 2016, Rebrab acquired El Khabar media group, for $45 million

1998

He came back in 1998 with Cevital, the biggest group in agricultural business, which later became the largest private Algerian company

1995

In 1995, his main installations were destroyed in a terrorist attack

1975

After that, he created other companies in the steel industry: Profilor in 1975 and Metal Sider in 1988

1971

His industrial career started in 1971, when one of his clients proposed he take shares in a metallurgical construction company

1944

Issad Rebrab (born 1944), is an Algerian billionaire businessman, CEO of the CEVITAL industrial group, the largest private company in Algeria, active in steel, food, agribusiness and electronics